Flatiron Realty Capital Provides $5,406,091 Construction Loan For Luxury Home In Miami Beach
$5,406,091
Building Size
—
Asset Type
Single Family Residence
Closing
Jun 25, 2026
AI
A construction loan amounting to $5,406,091 has been secured for a luxury single-family home located in Miami Beach, Florida. This financing is part of a broader commitment that exceeds $500 million in the South Florida market, facilitating ground-up construction projects.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $5,406,091
- Loan Type: Construction
- Loan Terms: 18 Month Ground Up Construction Loan
- Lender: Sep Talas, Esq. & Bobby Talas - Flatiron Realty Capital
The borrower acquired the property and secured approved plans before engaging Flatiron Realty Capital as their financing partner. With an in-house underwriting process and servicing platform, Flatiron provided a custom funding solution to meet the borrower’s timeline and construction needs.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.93%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93